IL SB2339 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Sponsorship: Moderate Partisan Bill (Democrat 8-1)
Status: Passed on August 16 2013 - 100% progression
Action: 2013-08-16 - Public Act . . . . . . . . . 98-0504
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Intergovernmental Cooperation Act. Requires joint insurance pools to annually file with the Director of Insurance a certification by an independent actuary that the pool's reserves are in accordance with sound loss-reserving standards and adequate for the payment of claims. Authorizes the Director to adopt, by administrative rule, appropriate penalties for joint insurance pools that fail to comply with certain auditing, reporting, and certification requirements. Authorizes the Director, or his or her designees, to examine the affairs, transactions, accounts, records, and assets and liabilities of each joint insurance pool as often as the Director deems advisable. Requires the joint insurance pools to cooperate fully with the Director's representatives in all evaluations and audits and to resolve issues raised in those evaluations and audits. Provides that the failure to resolve those issues shall constitute a violation of the Act and may, after notice and an opportunity to be heard, result in the imposition of penalties established by the Director by administrative rule. Provides that if a joint insurance pool requires a member to submit written notice in order for the member to withdraw from a qualified pool, then the period in which the member must provide the written notice cannot, except in certain circumstances, be greater than 90 days.

Tracking Information

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Title

JOINT SELF-INSURANCE POOLS

Sponsors


Roll Calls

2013-05-22 - House - Third Reading in House (Y: 115 N: 1 NV: 1 Abs: 0) [PASS]
2013-04-23 - Senate - Third Reading in Senate (Y: 55 N: 0 NV: 4 Abs: 0) [PASS]

History

DateChamberAction
2013-08-16SenatePublic Act . . . . . . . . . 98-0504
2013-08-16SenateEffective Date January 1, 2014
2013-08-16SenateGovernor Approved
2013-06-20SenateSent to the Governor
2013-05-22SenatePassed Both Houses
2013-05-22HouseThird Reading - Short Debate - Passed 115-001-000
2013-05-17HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis
2013-05-17HouseAdded Alternate Co-Sponsor Rep. Elgie R. Sims, Jr.
2013-05-09HousePlaced on Calendar Order of 3rd Reading - Short Debate
2013-05-09HouseSecond Reading - Short Debate
2013-05-08HousePlaced on Calendar 2nd Reading - Short Debate
2013-05-07HouseDo Pass / Short Debate Insurance Committee; 024-000-000
2013-04-29HouseAssigned to Insurance Committee
2013-04-29HouseReferred to Rules Committee
2013-04-29HouseFirst Reading
2013-04-24HouseChief House Sponsor Rep. Frank J. Mautino
2013-04-24HouseArrived in House
2013-04-23SenateThird Reading - Passed; 055-000-000
2013-04-18SenatePlaced on Calendar Order of 3rd Reading April 23, 2013
2013-04-18SenateSenate Floor Amendment No. 3 Adopted; Mulroe
2013-04-18SenateSenate Floor Amendment No. 2 Adopted; Mulroe
2013-04-18SenateRecalled to Second Reading
2013-04-17SenateSenate Floor Amendment No. 3 Recommend Do Adopt Insurance; 008-000-000
2013-04-17SenateSenate Floor Amendment No. 2 Recommend Do Adopt Insurance; 008-000-000
2013-04-17SenateSenate Floor Amendment No. 3 Assignments Refers to Insurance
2013-04-17SenateSenate Floor Amendment No. 2 Assignments Refers to Insurance
2013-04-16SenatePlaced on Calendar Order of 3rd Reading April 17, 2013
2013-04-16SenateSecond Reading
2013-04-15SenateSenate Floor Amendment No. 3 Referred to Assignments
2013-04-15SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. John G. Mulroe
2013-04-15SenateSenate Floor Amendment No. 2 Referred to Assignments
2013-04-15SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. John G. Mulroe
2013-03-20SenatePlaced on Calendar Order of 2nd Reading March 21, 2013
2013-03-20SenateDo Pass as Amended Insurance; 011-000-000
2013-03-20SenateSenate Committee Amendment No. 1 Adopted
2013-03-20SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
2013-03-19SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance
2013-03-15SenateSenate Committee Amendment No. 1 Referred to Assignments
2013-03-15SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe
2013-03-13SenatePostponed - Insurance
2013-03-12SenateSponsor Removed Sen. Jacqueline Y. Collins
2013-03-07SenateAdded as Co-Sponsor Sen. Antonio Muñoz
2013-03-05SenateAssigned to Insurance
2013-02-28SenateAdded as Chief Co-Sponsor Sen. Bill Cunningham
2013-02-28SenateAdded as Chief Co-Sponsor Sen. Michael E. Hastings
2013-02-28SenateSponsor Removed Sen. Michael E. Hastings
2013-02-28SenateAdded as Chief Co-Sponsor Sen. Pamela J. Althoff
2013-02-28SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
2013-02-28SenateAdded as Co-Sponsor Sen. Michael E. Hastings
2013-02-15SenateReferred to Assignments
2013-02-15SenateFirst Reading
2013-02-15SenateFiled with Secretary by Sen. John G. Mulroe

Code Citations

ChapterArticleSectionCitation TypeStatute Text
52206Amended CodeCitation Text

Illinois State Sources


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